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SOL Trades Near Resistance While Heatmap Highlights Major $145 Liquidation Band

SOL Trades Near Resistance While Heatmap Highlights Major $145 Liquidation Band

CryptonewslandCryptonewsland2025/11/28 23:18
By:by Vee Peninah
  • Large short-liquidation levels sit at $145, creating a major point of interest as Solana trades just below resistance at $142.92.
  • Support remains positioned at $138.77, helping define the lower boundary of the current tight trading range.
  • Heatmap data shows concentrated liquidity near the upper band, indicating where market activity has intensified over recent sessions.

Solana traded near a key price area on Thursday as liquidity data pointed to concentrated short-side exposure above current levels. The asset moved at $141.75, marking a 0.6% decline in the past 24 hours, while the 24-hour range held between recent intraday swings . Market data showed that a large cluster of short liquidations sits near $145, creating a focal point for traders watching the next notable price test. 

This level also aligns with visible order activity on the heatmap, which showed intensified interest around that upper band throughout the week. The proximity of this cluster has drawn attention because price now sits only a few dollars below that threshold, adding context to short-term positioning. These elements shaped the broader picture around Solana as participants tracked how the market handled both support and resistance levels across the current range.

Rising Liquidity Pressure Near the Upper Band

The heatmap displayed heavier concentration at the top of the chart, and this region remained active as the price approached $142.92, the nearest resistance level. This concentration helped define the upper boundary of the present range, and it also showed where sellers placed notable interest. 

However, the lower part of the chart revealed spaced-out pockets of lighter activity, which aligned with the nearest support at $138.77. This support level helped anchor the lower structure of the short-term chart, and it provided a reference point for the recent pullback. The transition between these zones highlighted the boundaries that shaped current trading conditions.

As the price worked between these limits, analysts observed the positioning impact created by the liquidation band near $145. That area showed heightened liquidation volume for short contracts, and this remained visible across the displayed data. This volume increased the relevance of that level as the next point of interest when tracking market reactions. The heatmap’s brighter tones around that region reinforced the concentration, and this supported the narrative that the upper price zone continued to gather attention.

If $SOL reaches $145, large amount of short positions are liquidated. pic.twitter.com/Mdew0FdBLN

— CW (@CW8900) November 28, 2025

Price movements throughout the week remained controlled as Solana oscillated within the established zone. The candles displayed repeated interactions with the mid-range, and this steadiness matched the restricted trading window. The connection between the intraday structure and the broader liquidation data created a clearer picture of market behavior, and traders used these elements together when evaluating immediate conditions. 

Monitoring Short-Term Structural Markers

With the asset trading 0.3% higher relative to 0.001550 BTC, cross-pair activity also offered an additional reference. This metric stayed stable and helped reinforce the narrow trading behavior. The chart’s liquidity distribution continued to guide intraday assessments, and it remained central to short-term tracking as the market watched the development around the $145 liquidation cluster.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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